The Daily Beast reports:
The Justice Department will not file insider trading charges against Sen. Kelly Loeffler (R-GA), the Wall Street Journal reported on Tuesday.
DOJ informed lawyers for Loeffler and two other senators scrutinized for their coronavirus-era stock trades that they are closing their investigations into the matters. A DOJ investigation into Sen. Richard Burr (R-NC) remains ongoing, the Journal reported.
Loeffler and her husband, New York Stock Exchange chairman Jeffrey Sprecher, have vehemently denied that their sales of millions of dollars in stock this year were prompted or informed by information gleaned from a closed-door Senate briefing on the coronavirus in early January.
Last week Loeffler said that critics of her stock trades are just liberals who hate the free market.
Unreal. Bill Barr’s DOJ has dropped its insider trading investigations into Kelly Loeffler and other Senators. No charges will be filed. https://t.co/IqziOx4LiM
— Brian Tyler Cohen (@briantylercohen) May 26, 2020